Tata Global Beverages has informed that the board of directors of the company at its meeting held on June 22, 2012, has approved the appointment of Cyrus P Mistry as additional non executive non independent director and Darius Pandole as additional non executive independent director on the board of the company with effect from June 22, 2012.
Further, the board informed P T Siganporia’s current tenure as managing director of the company is up to June 30, 2012 and consequently he will be retiring as managing director and ceased to be a director with effect from the close of business hours on June 30, 2012 and Harish Bhat was appointed as a director and managing director on the board of the company for a period of 5 years with effect from July 01, 2012. The appointment and remuneration payable to Bhat is subject to the approval of the shareholders.
The above information is a part of company's filings submitted to BSE.